Victoria
Freehold $7,500,000
Key Features
AI generated. Contact seller to confirm.
- 23 contemporary rooms, including deluxe, spa and family suites
- Top-level rooms offer water views
- Opposite the waterfront, near CBD, university, hospitals and transport
- Secure off-street guest parking
- Long-term operational team in place
- Zoning allows redevelopment of up to 32 levels
- Rent/Lease: Freehold going concern; no lease encumbrances
Business Details
Business Category Motel
FREEHOLD MOTEL
- Just over an hours drive from Melbourne.
- Freehold Going Concern - no lease encumbrances.
- 23 contemporary rooms with a mix of deluxe, spa and family suites. Top level offering water views.
- Outstanding location on the western edge of Geelong opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.
- Solid trading history with consistent occupancy and revenue growth.
- High-visibility site with excellent exposure.
- Well-maintained, purpose-built property.
- Secure off-street parking for guests.
- Long-term operational team in place - ideal for investor or owner-operator.
- Additional revenue with long term retail shop on floor level.
- Zoning allows redevelopment of up to 32 levels.
Property ID: 2876MF (quote when enquiring)
Property Code: 5270
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.